The market for services segment is growing as the individuals, Small and Medium-sized Enterprises (SMEs), and large enterprises are concerned about securing access to their networking devices. The managed services segment is expected to have the largest market share and dominate the threat intelligence market during the forecast period. The rise in large-scale networks and the increase in customer base from the SMEs community are the driving factors for managed services growth.

The threat intelligence market study aims at estimating the market size and future growth potential of the market across segments, such as components, solutions, services, deployment modes, organization sizes, verticals, and regions.

The cloud segment is estimated to constitute the largest market size during the forecast period

The cloud deployment mode is expected to grow at a higher CAGR, as SMEs are rapidly adopting cost-effective cloud deployment mode. This model helps SMEs avoid the costs associated with hardware, software, storage, and technical staff. The cloud-based platform offers a unified way in the form of SaaS-based security services to secure business applications. It is also beneficial for organizations with strict budgets for security investments.

The SMEs segment is expected to grow at the highest CAGR during the forecast period

The SMEs segment is expected to grow at the highest CAGR during the forecast period, owing to the increasing incidence of cyber-attacks on these enterprises. SMEs are small in terms of their size but cater to a large number of customers globally. Robust and comprehensive security solutions are not implemented in SMEs, due to financial constraints in these organizations. However, the large enterprises segment accounts for the largest share of the threat intelligence market in 2018.

Threat intelligence solutions and services have been deployed across various industry verticals, including government and defense; Banking, Financial Services, and Insurance (BFSI); IT and telecom; healthcare; retail; transportation; energy and utilities; manufacturing; education; and others. The BFSI vertical is expected to grow at the highest CAGR during the forecast period and estimated to have the largest market size in 2018.

North America is expected to account for the largest market size during the forecast period

The global threat intelligence market has been segmented on the basis of regions into North America, Europe, APAC, MEA, and Latin America to provide a region-specific analysis in the report. The North American region, followed by Europe, is expected to become the largest revenue-generating region for threat intelligence solution and service vendors in 2018. Increasing IoT trend and growing internal and external threats are some of the key factors expected to fuel the growth of the market in North America.

The APAC threat intelligence market is gaining traction as the threat intelligence solutions provide proactive security measures against evolving cyber-attacks. SMEs as well as large-scale organizations in the APAC region have become more aware of the increasing cybercrimes and have started adopting threat intelligence solutions and services to combat them.

Competitive Analysis

Major vendors have adopted different types of organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and acquisitions, to expand their offerings in the threat intelligence market.

Symantec is one of the leading operators of world's largest global threat intelligence network that helps secure its large customer base from APTs and vulnerabilities. It has a huge threat indicator database that helps in offering a faster and proactive protection to customers. The company is growing in the threat intelligence market by using various strategies, such as launching advanced products and services, entering partnerships, and expanding its services geographically.

Similarly, IBM, another leading threat intelligence solutions provider, has implemented various strategies to deliver cutting-edge threat intelligence to global organizations. Various organic and inorganic growth strategies are helping the threat intelligence vendors to stay ahead in the global market.

Market Developments

Symantec expanded its business in India by opening a Security Operations Center to strengthen global threat hunting, incident response, and security analyst footprint.

FireEye partnered with Gigamon to improve threat defenses across their customers' security infrastructures.

IBM launched security services through its IBM X-Force Red team to protect automotive and IoT organizations from dvanced threats.

Key Topics Covered

1 Introduction1.1 Objectives of the Study1.2 Market Definition1.3 Market Segmentation1.4 Years Considered for the Study1.5 Currency Considered1.6 Stakeholders

10 Threat Intelligence Market, By Organization Size10.1 Introduction10.2 Small and Medium-Sized Enterprises10.2.1 Growing Attack Surface in Small and Medium-Sized Enterprises is Encouraging Them to Deploy Threat Intelligence Solutions10.3 Large Enterprises10.3.1 Rise in the Number of Advanced Persistent Threats is Fueling the Adoption of Threat Intelligence Solutions Among Large Enterprises

11 Threat Intelligence Market, By Vertical11.1 Introduction11.2 Government and Defense11.2.1 Increased Spending on Threat Intelligence Solutions and Services By the Government and Defense Vertical is Expected to Drive the Growth of the Threat Intelligence Market11.3 Banking, Financial Services, and Insurance11.3.1 Increased Instances of Cyber-Attacks in the Financial Vertical Driving the Adoption of Threat Intelligence Solutions11.4 IT and Telecom11.4.1 Rapid Technological Advancements in IoT, Cloud, Telecom Connectivity, Ai-Based Applications, and Smart Infrastructure Driving the Demand of Threat Intelligence in the IT and Telecom Vertical11.5 Healthcare11.5.1 Increasing Number of Data Breaches and Compromised Electronic Healthcare Records Driving the Demand for Threat Intelligence Solutions and Services11.6 Retail11.6.1 Expanding Customer Base and Growing Use of High-Tech By Retail Vendors Leading to Demand for Threat Intelligence in Retail Vertical11.7 Transportation11.7.1 Proliferation of Cloud Services and Increased Instances of Cyber-Attacks to Increase the Demand of Threat Intelligence Solutions11.8 Energy and Utilities11.8.1 Increased Instances of Cyber-Attacks on the Critical Infrastructure Would Surge the Adoption of Threat Intelligence Solutions and Services11.9 Manufacturing11.9.1 Huge Investments in Industry 4.0 By Manufacturing Industry to Benefit the Threat Intelligence Market11.10 Education11.10.1 Increasing Awareness of Cyber Threats in the Education Vertical to Drive the Growth of the Threat Intelligence Market11.11 Others

12 Threat Intelligence Market, By Region12.1 Introduction12.2 North America12.2.1 United States12.2.1.1 US Holds the Highest Market Share in the Threat Intelligence Market Owing to A Large Number of Vendors and Increased Instances of Cyber-Attacks in the Region12.2.2 Canada12.2.2.1 Adoption of Threat Intelligence Solutions and Services Expected to Increase in BFSI, IT and Telecom, and Manufacturing in Canada12.3 Europe12.3.1 United Kingdom12.3.1.1 IT and Telecom and Financial Sector to Be Top Verticals Under Constant Threat From Attackers12.3.2 Germany12.3.2.1 Ransomware, Spyware, and Reconnaissance to Be Top Threat Vectors Leading to Increase in Adoption of Threat Intelligence Solutions and Services12.3.3 France12.3.3.1 BFSI, Government, and IT and Telecom to Continue to Be Subject to Hostile Reconnaissance Activities in Coming Years12.3.4 Rest of Europe12.4 Asia Pacific12.4.1 China12.4.1.1 Increased Instances of Attacks From Virus, Worms, Spyware, Trojan, and Ransomware on Enterprises and Government Organizations to Impact Threat Intelligence Market Growth12.4.2 Japan12.4.2.1 Manufacturing, Retail, and IT and Telecom Continue to Be Top Verticals Which are Under Constant Threat From Cyber-Criminals12.4.3 India12.4.3.1 Service Specific Attacks, Brute Forcing, and Network Manipulation Attacks on BFSI, IT and Telecom, and Government to Increase Adoption of Threat Intelligence Solutions and Services12.4.4 Australia and New Zealand (Anz)12.4.4.1 Proliferation of Cloud Services and Growing IoT Trend to Attract High Intensity Threat Vectors on Enterprise Devices and Network12.4.5 Rest of Asia Pacific12.5 Middle East and Africa12.5.1 Middle East12.5.1.1 Convergence of IT and Ot, Need to Protect Industrial Assets, and Growing Trend of IIoT to Impact High Growth in the Threat Intelligence Market12.5.2 Africa12.5.2.1 Need to Protect the Critical Infrastructure is Driving the Growth in the Threat Intelligence Market12.6 Latin America12.6.1 Brazil12.6.1.1 Service Specific Attacks, Malware, Phishing, Ddos, and Reconnaissance to Be Major Threat Vectors Which has Forced Enterprises to Increase Adoption of Threat Intelligence Solutions12.6.2 Mexico12.6.2.1 Increasing Volume of Data and Increased Instances of Insider and Outsider Threats is Forcing Enterprises and Organization to Adopt Threat Intelligence Solutions12.6.3 Rest of Latin America